12
Aug
MCK – out of the rest – an earnings trade gone well
Posted by: Admin: "The Vol_Trader" // Category: Earnings Trades, Trade ManagementClick here to see my MCK earnings trade setup and trade management.
This morning at the open I closed the remaining spreads for a debit of $0.14 for each 3:2 spread. On 7/29/10 I entered this trade for a credit of $2.70.
This trade went exactly as planned. My prediction were spot on for IV and direction. (click picture to enlarge)
Tags: Calendar Spread, diagonal spread, earnings trade, greeks, Implied Volatility, LiveVol Pro, Options trade, Thinkorswim, trade management, Volatility Crush, Volatility skew
August 17th, 2010 at 1:37 pm
Enjoy your blog. Have you played any of the FDA or similar planned announcements (for example…check out JAZZ IV)